Kinetic Watts and Volts adds dealers in India
The electric two-wheeler maker has 45 showrooms operational with 40 more due within two months, and says it is assessing markets from Turkey to Nigeria. No timelines were given.
Says it is evaluating seven export markets
Kinetic Watts and Volts, the electric two-wheeler arm of the Firodia group's Kinetic Group, said it has 45 exclusive showrooms operational in India with around 40 more expected within two months, and has issued 150 letters of intent for dealerships. Letters of intent are expressions of interest rather than signed agreements. The company said it is evaluating international markets including Turkey, Nepal, Sri Lanka, Bangladesh, Kenya, Nigeria and Egypt, and has appointed Makarand Joshi to lead international business development. It did not disclose entry timelines, volumes or investment for any of those markets.
